posted
lol yes trio between me and a friend who trade together we have been buying for 3 years. I have no resaon to lie. With a portion of profits from other winners we buy .0001 stocks that we feel safe of a r/s and hold untill something happens! 106mil all together.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
What happened to the royalty trust? And I was great full for that worthless spin off stock. ON somthing or other. Are they ever going to follow through with something? Got to love penny world!!!!!!!!!!!!!!!!!
Posts: 271 | Registered: Jul 2006
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posted
Why and how did anyone ever get into this silly scam? I read part of this thread and it sounds more like a bad spy novel than anything else. A CEO Named 'Frank Love' (aka 007, aka Sgt Fury), no SEC filings ever, a trading range of between nothing and 0, no posted number of shares but, judging by the volume and lack of movement, about a trillion outstanding, and now just to add insult to injury he pulls a forward split to see if he can prop the share price at the astounding heights of .0002 instead of the lowest possible trading price possible (in order to dump another 80 billion shares or so). But it might be worth a bite just to get these ridiculous communications from the front lines, where Frank is fighting "tooth and nail" against the forces of Cossack darkness by closing the office and running away because the mayor got shot or stabbed or poked with a toothpick or whatever.
How do people ever get sucked into these ridiculous things? I suppose this was the "hot stock pick" of some P&D operation?
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock. Posts: 146 | From: canada | Registered: Aug 2007
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posted
You need to separate your emotions from the stock Then look at his question .
And I will add ..... All penny stocks can easily be made fun of .
To many of these move when poeple simply don't expect it . This ones getting interesting . Prepare .
Posts: 388 | From: redlands | Registered: Jul 2006
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posted
If it trades at .0002 I would be really surprised. 10 to 1 forward split for a company that has diluted the stock for the last year or so. As far as esp goes I hope I'm wrong but the track record isn't good with them. What if they do the forward split/dilution of the stock takes place and they reverse split the stock to it's original place. How many times have folks posted how are they trading at .0002 when my sale is set at .0001 has not sold. Ha I'm invested and I will get out when the best time for me comes along. The money here dosn't matter to me but the folks just coming on board this stock could hurt you.
Posts: 271 | Registered: Jul 2006
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posted
You need to separate your emotions from the stock Then look at his question .
And I will add ..... All penny stocks can easily be made fun of .
To many of these move when poeple simply don't expect it . This ones getting interesting . Prepare .
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock. Posts: 146 | From: canada | Registered: Aug 2007
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posted
You need to separate your emotions from the stock Then look at his question .
And I will add ..... All penny stocks can easily be made fun of . --------------------------------- Well, if you're talking to me, my only emotion is laughter. And sure all penny stocks can be laughed at, but very few of them are entertaining enough to have a running storyline from the CEO, describing his Marco Polo adventures and battles against the forces of darkness who want to steal his oil or whatever it is he's flogging. His next editorial will be written between sword blows off the coast of Africa as he fights off Barbary pirates "tooth and nail" as they, too, try to take his oil. The one after that will be written from the dungeons of Araby, where he will be taking an involuntary rest from his "tooth and nail" war to save his oil by slaving as a Eunich in the harem of bin Laden or some such.
Meanwhile, back in real life, he's on a Caribbean island sipping a "romponch"...
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock. Posts: 146 | From: canada | Registered: Aug 2007
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posted
This stock has no copyright on funny stories from the CEO .
As long as I have been in pennyland I have heard baboon talk , hillbilly banter and screaming at naked shorters .
I saw my paim shares go up 124 times in value while it was the scum sucking evil devil stock of the decade . And it was ... But people still made money on it .
I saw my usxp shares go up a massive 5000 plus percent while the CEO was ranting dreaming stories of huge saudi financing , government mandated new laws on baggage security and flooding dillution into the os . But people still made money on it .
Because there are three sides to stock trading .
1 ...........What the company is
2 .......... How traders feel about the company
3 .......... And what the potential for movement is
As I listen to everyone talk ... It seems most study and understand number 1 . A few seem to begin to understand number 2 . But other than myself I have only heard two other bright traders ever talk about number three . The potential for movement is calculated through factors of risk against gain . I love math and was a math wiz in high school and college and that is a big asset in calculating risk against gains in my stock trading .
posted
A forward split with billions of O/S is usually not a good thing because it would most likely dilute too much for any future pps movement. 40B would become 400B. However in this case it could be a good deal if JMCP keeps to their buyback promise. What would happen is the weak would sell at .0001 leaving the loyal shareholders. As billions of shares are bought back and retired, the pps will begin to rise and the loyal shareholders will be 10 times richer. (I know, it's a long shot, but who knows, it could happen)
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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JMCP Acquisitions Corp. (Pink Sheet JMCP) Secures a Shell Company to House Royalty Trust Monday August 13, 11:59 am ET
PALM BAY, Fla., Aug 13 /PRNewswire-FirstCall/ -- JMCP Acquisitions Corp. (OTC Pink Sheets: JMCP - News) CEO, Frank Love announces, "JMCP Acquisitions Corp. has acquired a shell company to house our Royalty Trust. This shell company only has 4 Million shares issued and I have all 4 million shares in certificate form secured in a Bank Vault."
Frank Love further states, "It is now time to engage our Royalty Trust Trustee. Name and biography of Trustee to be released in the very near future."
-------------------- Be like Pat Posts: 72 | From: Arizona | Registered: Sep 2005
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posted
Wow! Volume is up and someone's really getting serious here. A single buy of 904M, that's $90,400.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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quote:Originally posted by TopRob: We should see .0002 today at this rate. Only one MM left at .0001 on the Ask. Must be the Royalty Trust news.
Vol=949M
I see 3 MM`s at .0001 on the ask and no bid ( no surprise there! } over a BILLION shares traded! and B/A is STILL zip by .0001! Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Yeah, it was one MM, now it's back to 3. That just mean more weak are getting out.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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Member Rated: posted March 08, 2007 11:14 AM -------------------------------------------------------------------------------- I think it's worth the risk, so in a few days we'll find out once and for all if JMCP and Frank Love is a scam or not. If he gets the oil deal, we'll all make $$$ and Frank will be a hero. If the deal fails I would say we have been scam'ed again, take the loss and move on. -------------------------------------------------------------------------------- Posts: 884 | From: Dallas, Tx | Registered: Mar 2007 | IP: Logged |
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
Yep, it's still worth the risk. Could still be a scam, but it's looking more real everyday now. Frank will be a hero when the deal is complete and we have a stake in the Royalty Trust.
Remember, never invest more than you can afford to loose, especially with pink. So, if you can't take the heat, get out the kitchen.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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I really do not think the company would be doing a forward split if it was not good for company . And for it to be good for the company the pps would need to increase ..... Thus ... my shares must also increase .
I smell steak ...... Who's with me ?
Posts: 388 | From: redlands | Registered: Jul 2006
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quote:Because there are three sides to stock trading .
1 ...........What the company is
2 .......... How traders feel about the company
3 .......... And what the potential for movement is
As I listen to everyone talk ... It seems most study and understand number 1 . A few seem to begin to understand number 2 . But other than myself I have only heard two other bright traders ever talk about number three . The potential for movement is calculated through factors of risk against gain . I love math and was a math wiz in high school and college and that is a big asset in calculating risk against gains in my stock trading .
I'm sure you're very clever, but allow me to point out that it doesn't require a math whiz to see the lack of a downside to a stock that is trading at the lowest possible number. That leaves only upside. Maybe. But just because it can't get lower doesn't mean it must get higher.
I suppose I could be one of the clever folks you mentioned and look at it on a chart to ponder its upside. Oh wait...Frank Love is so far away that stockcharts doesn't even carry it. Well,I guess I can use another crappy chart like big charts, but guess what? This stock might be showing some of the signs of an impending surge, like a spike in volume and declining stockprice (well, ok, so it's not declining, because as a math whiz you know that stocks don't trade in negatives, but it's sure trying to bury itself in the ooze). But even if it WAS declining, the only way that indicates anything is if the a/d is up, and unfortunately it's in freefall too. Quite clearly dumping is going on, but we have no idea how much or when it will stop, because it doesn't file with the SEC (surprise surprise) and pink sheets doesn't carry info on the float, a/s, or o/s, so it could be 1 billion or 100 billion or 700 trillion for all we know. And then I suppose we could look at its historical performance, but it has no history, and its high was .0002, which is not exactly thrilling. So we can buy at .0002, but we can't sell at .0002 unless someone is foolish enough to sell out at 100% loss.
Everything that goes up comes down, but that doesn't mean that everything that goes down comes up. This stock is hooked to the back of a pickup truck bumping it's way across the Caucasus mountains with the KGB and a horde of Cossacks after it and a bunch of Islamic Jihadists waiting to cut the last shreds of its head off on the other side. Now, I'm no math whiz like you, but that doesn't look like good upside potential to me.
This stock is flypaper. It traps cash and doesn't let it go without a loss. You bought stock at .0002, and short of one of the KGB bullets striking the ground underneath Frank and sending an oil guyser sky high, you'll never get it back again. Even with a P&D.
Frankly trio, your categories don't say much about your stock knowledge. To start with, in the sub-pennies it doesn't matter a whit what the company does or doesn't do, because by the time the stock gets to the sub-pennies, whatever the company does doesn't have anything to do with the stock price anymore. The stock is so diluted or worthless by that time that it would take a material popularity surge like Google or u-tube to make a difference in the price.
On top of that, "how traders feel about the company" is irrelevant, since that's an emotion that has no grounding in the stock price. If traders 'like' Ford, for instance, it matters because they'll buy Ford or stay with it. If traders like some sub-penny, it doesn't make the slightest difference unless they can hype it up and sucker other people into it, or somehow buy a controlling interest in it and then sell into hype.
You have every right to an opinion, and that's cool. But you have chosen to speak with the voice of authority, and I haven't really seen much to suggest that you really know what you're talking about. That means you might be influencing people even less knowledgeable than you, and from the looks of this move at least, that would not be a good thing for them.
If you're going to play the sub-pennies, learn to read a chart, because anything else is meaningless. I hope I'm wrong of course, and that this stock skyrockets to .0003.
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock. Posts: 146 | From: canada | Registered: Aug 2007
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posted
this stock traded over a BILLION shares today and STILL no bid!! ( O/S = ??? ) what chance does it have when it splits and the O/S is TEN TIMES larger!!!! ( or should i say IF the split happens, they could still decide a REVERSE split makes more sense (for them!) then what? ) sometimes you just have to admit you lost and move on!. good luck!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
This may be the first stock in the history of the universe with a price of .000009. Of course, then it will get diluted to .000001 within a day. Unless someone stabs the mayor again and the Cossacks run away with the stock as well as the oil...
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock. Posts: 146 | From: canada | Registered: Aug 2007
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How traders feel DOES have an impact on the price .
And you said .... what goes up " always comes down " .Great news then { Cuz I think I will wait for HANS to come down and buy a buttload of it } .. THATS NOT GOING TO HAPPEN ... Snotty .
And as for how people feel about this stock .... WELL .
This board and our descussions are an example of that . Some may be like you and not like it . Some may not know what to think . Some like me will find it interesting and want to hold a possition and watch . Others may wish to move forward building up an increasing amount of shares . Thats how people feel and their trades will reflect that . { Now do you understand the third rule of stocks } ?
The fact is ... none of us have esp ... we are all making calculations to what we think might happen . Best of luck to all of us .....
Posts: 388 | From: redlands | Registered: Jul 2006
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posted
MM's can and DO trade below .0001 all the time...you or I CANNOT. IMO this stock goes nowhere fast but, I've been wrong before. Sold all mine months ago at .0002 GLTA with this play...
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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